AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDUSD
ISIN:

AUD/USD - Daily - Technical analysis published on 03/20/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.6633 USD
My targets
0.6498 USD (-0.0034)
0.6374 USD (-0.0158)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/USD as long as the price remains well below 0.6633 USD. The sellers' bearish objective is set at 0.6498 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6374 USD. In case of crossing, the next objective would be the support located at 0.6294 USD.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by trader_57568. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AUD/USD rating is 0.6532 USD. The price registered an increase of +0.11% on the session and was traded between 0.6519 USD and 0.6534 USD over the period. The price is currently at +0.20% from its lowest and -0.03% from its highest.

0.6519
0.6534
0.6532

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AUD/USD in Daily shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily


Horizontal support is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6294 0.6374 0.6498 0.6532 0.6552 0.6633 0.6787
Change (%) -3.64% -2.42% -0.52% - +0.31% +1.55% +3.90%
Change -0.0238 -0.0158 -0.0034 - +0.0020 +0.0101 +0.0255
Level Intermediate Minor Intermediate - Major Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.64360.64700.64970.65310.65580.65920.6619
Camarilla0.65080.65140.65190.65250.65310.65360.6542
Woodie0.64340.64680.64950.65290.65560.65900.6617
Fibonacci0.64700.64930.65070.65310.65540.65680.6592


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.64400.64960.65270.65830.66140.66700.6701
Camarilla0.65340.65420.65500.65580.65660.65740.6582
Woodie0.64280.64900.65150.65770.66020.66640.6689
Fibonacci0.64960.65290.65500.65830.66160.66370.6670


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62570.63490.64250.65170.65930.66850.6761
Camarilla0.64540.64690.64850.65000.65150.65310.6546
Woodie0.62480.63450.64160.65130.65840.66810.6752
Fibonacci0.63490.64140.64530.65170.65820.66210.6685

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 44.79
MACD (12,26,9): 0.0000
Directional Movement: -8.4486
AROON (14): 21.4285
DEMA (21): 0.6560
Parabolic SAR (0,02-0,02-0,2): 0.6665
Elder Ray (13): -0.0035
Super Trend (3,10): 0.6638
Zig ZAG (10): 0.6532
VORTEX (21): 0.9916
Stochastique (14,3,5): 31.40
TEMA (21): 0.6569
Williams %R (14): -71.58
Chande Momentum Oscillator (20): 0.0025
Repulse (5,40,3): -0.3801
ROCnROLL: 2
TRIX (15,9): 0.0097
Courbe Coppock: 1.30
MA7: 0.6569
MA20: 0.6557
MA50: 0.6560
MA100: 0.6583
MAexp7: 0.6557
MAexp20: 0.6560
MAexp50: 0.6566
MAexp100: 0.6566
Price / MA7: -0.56%
Price / MA20: -0.38%
Price / MA50: -0.43%
Price / MA100: -0.77%
Price / MAexp7: -0.38%
Price / MAexp20: -0.43%
Price / MAexp50: -0.52%
Price / MAexp100: -0.52%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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